The Hardys are buying a house and taking out a mortgage of $96,900. In order to borrow the money, the bank is requiring them to pay 3 points up front. (In other words, they will have to pay 3% of the mortgage amount in cash.) How much will they have to pay up front? ... The Hardys will have to pay $ up front. (Round to the nearest dollar as needed.)

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The Hardys are buying a house and taking out a mortgage of $96,900. In order to
borrow the money, the bank is requiring them to pay 3 points up front. (In other words,
they will have to pay 3% of the mortgage amount in cash.)
How much will they have to pay up front?
...
The Hardys will have to pay $ up front.
(Round to the nearest dollar as needed.)
Transcribed Image Text:The Hardys are buying a house and taking out a mortgage of $96,900. In order to borrow the money, the bank is requiring them to pay 3 points up front. (In other words, they will have to pay 3% of the mortgage amount in cash.) How much will they have to pay up front? ... The Hardys will have to pay $ up front. (Round to the nearest dollar as needed.)
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